Is Macon West, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Macon West has remained a Seller's Market.
Key Takeaway
Macon West is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Macon West, GA
How much do homes in Macon West, GA cost?
Median Sold Price
$154,804
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Macon West have sold for 11.4% more than they did a year ago.
Summary: The median home sold price in Macon West was $154,804 in May 2024, up 11.4% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $25.2K | $42K | +66.3% |
| 2 Bedrooms | $39.4K | $52K | +31.8% |
| 3 Bedrooms | $126K | $145K | +15.1% |
| 4 Bedrooms | $234.4K | $225K | -4.0% |
| 5+ Bedrooms | $387.5K | $337K | -13.0% |
Summary: Macon West housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 66.3%, 2 bedroom homes increased by 31.8%, 3 bedroom homes increased by 15.1%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 13%.
Median Sold Price Compared To Nearby Cities
| Macon | $160.2K | $181.9K | +13.5% |
| Macon West | $139K | $154.8K | +11.4% |
| Macon East | $109.5K | $103K | -5.9% |
| Rutland | $286.1K | $255K | -10.9% |
Housing Supply in Macon West, GA
How many homes are available in Macon West, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 515 | 582 | +13.0% |
Summary: The Macon West real estate market had 582 homes for sale in May 2024, a 13.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 78 | 89 | +14.1% |
| 3 Bedrooms | 264 | 297 | +12.5% |
| 4 Bedrooms | 129 | 144 | +11.6% |
| 5+ Bedrooms | 40 | 49 | +22.5% |
Summary: The Macon West housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 22.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 87 | 102 | +17.2% |
Asking Price vs. Sold Price
45 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Macon West, you may be able to get a good deal. 51.7% of homes here sold below asking price last month.
Summary: A total of 102 homes were sold or pending in Macon West in May 2024, up by 17.2% month-over-month. Of the 87 sold homes, 52% were sold under asking, 25% were sold at asking, and 23% were sold over asking.
Days on Market for Macon West, GA
How long does it take to sell a home in Macon West, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 29 Days | 27 Days | -8.2% |
Summary: Homes in Macon West had an average of 27 days on market in May 2024, down by 8.2% compared to last year.
Breakdown of Home Sale Times
70 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Macon West are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 102 homes were sold in Macon West; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.